If you want to learn more about Counterparty Credit Risk Management you need to check out: [ Ссылка ]

This video covers the following subjects:
-Recap of parts 1 & 2; Overview of part 3
-Evolution of CCRM
-Creating a basic approach - Startup
-Emerging Manager - Additional Responsibilities
-Established Manager - a more formalized approach
-Service provider solutions
-Concepts behind counterparty credit risk
-Defining counterparty credit risk

Although the recent crisis has brought a heightened focus, counterparty credit risk theory and practice have been evolving for over a decade. Initially, banks addressed the problem from their traditional financing experience while investment banks approached it from the perspective of a derivative. As the industry consolidated in the ’90s, culminating with the repeal of Glass- Steagall in 1999, there was substantial cross-pollination of ideas and best practices. In particular, investment banks started to apply traditional derivatives pricing technology to the problem of assessing and quantifying counterparty risk. Consolidation and the necessity to free up capital as credit risk became increasingly concentrated within the largest financial institutions drove a series of innovations. These innovations involved both methodologies and management responsibilities. Policy responses to the crisis in terms of dramatically increased capital requirements and additional provisions for systemically important institutions are also influencing the evolution of counterparty risk management.

counterparty risk management is evolving from passive risk quantification to active management and hedging. The term CVA (credit value adjustment) has become well-known and represents a price for counterparty credit risk. Substantial responsibility is being transferred from credit officers to 'CVA traders', groups with the responsibility of pricing and managing all the counterparty risk within an organization. As various extensions to the reserve and market models have been implemented, a general consensus has emerged that essentially replaces portfolio theory and reserves with active management. Banks today tend to be distributed along the evolutionary timeline by size and sophistication where global banks have converged to the consensus model whilst smaller and more regional banks, together with other financial institutions such as asset managers, are closer to the beginning stages. Basel III and new local regulations are playing an important role in accelerating the timeline. This paper traces the evolution of counterparty credit risk based on actual experiences within banks that have had considerable influence.

One thing I discovered when I was searching for info on Counterparty Credit Risk Management was the lack of pertinent info.
Counterparty Credit Risk Management nevertheless is a subject that I know something about. This video therefore should be relevant and of interest to you.
@@@@@@@@@@@@@@@@@@@@@@@@@@@
If you wish to learn more regarding the Evolution of CCRM I suggest you take a look at our various other video clips: [ Ссылка ]
~~~~~~~~~~~~~~~~~~~~~
Have I addressed all of your questions about Counterparty Credit Risk Management?
Individuals who looked for the Evolution of CCRM also looked for concepts behind counterparty credit risk.

Let's Connect:

LinkedIn:[ Ссылка ]

свернуть